Egypt’s non-oil activity suffers over Suez Canal disruption
Egypt's private sector activity declined in February, with the Suez Canal freight drop and foreign currency…
Browsing Tag
Ras El Hekma
Ras El Hekma contract not violating Egypt’s sovereignty – PM
Egypt’s Prime Minister Moustafa Madbouly clarified that Ras El Hekma contract does not breach the Egyptian…
Egypt receives 1st $5b for Ras El Hekma deal
Egypt’s Prime Minister Moustafa Madbouly has confirmed on Thursday the receipt of a $5 billion payment as part of…
Sisi: Egypt receives 1st payment of Ras El Hekma project
President Abdel Fattah al-Sisi of Egypt announced on Wednesday that the initial batch of the Ras El Hekma project’s…
Egypt’s sovereign USD bonds rally on Ras El-Hekma deal
Egypt's sovereign dollar bonds surged more than 1 cent on Monday, continuing the sharp rally after the UAE…
Egypt, UAE sign largest multi-billion-dollar FDI agreement ever
Egypt and the United Arab Emirates (UAE) signed a multi-billion US dollar partnership agreement on Friday for the…
IHG to develop 3 hotels in Egypt
IHG Hotels & Resorts, the leading hotel company, has signed an agreement with Arabella Group to develop three…
